5min chapter

Macro Musings with David Beckworth cover image

Heather Long, Ryan Avent, and Cardiff Garcia on Pandemic Reflections and Economic Predictions for the Future

Macro Musings with David Beckworth

CHAPTER

COVID - What's Next for the Economy?

Sally Kohn: The overwhelming sensation that I've had over the last three years is that things didn't turn out so much worse, right? If you had told me in 2020 that something like 25 million people would lose their jobs in the span of a couple of months, there's no way I would have believed it. We effectively did wartime financing, you know, strong fiscal policy, supportive monetary policy. But I'm worried they're going to go back though pretty soon because they're tightening a little too aggressively. Two other surprises I want to bring up are inflation and global economic growth.

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